Examlex
There are approximately 4 million Native Americans in the United States, half of whom live on reservations.
Tax Revenue
Funds accumulated by governments as a result of taxation.
Inelastic
Describing demand that does not change significantly when the price of a good or service changes.
Excess Burden
The cost to society created by market inefficiency, particularly through the misallocation of resources or distortions in the market.
Excess Burden
The cost to society created by market inefficiency, often associated with the distortionary effects of taxes and subsidies.
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